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SB-652 Real property disclosures: construction defect litigation.(2013-2014)

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Senate Bill No. 652

An act to amend Section 1102.6 of the Civil Code, relating to real property.

[ Approved by Governor  September 30, 2013. Filed with Secretary of State  September 30, 2013. ]


SB 652, DeSaulnier. Real property disclosures: construction defect litigation.
Existing law requires the transferor of residential property to make certain disclosures to a prospective transferee and requires these disclosures to be made on a specified form.
This bill would revise the transfer disclosure form to additionally disclose to a potential transferee specified claims for damages by the seller.
The bill would make its provisions operative on July 1, 2014.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


 Section 1102.6 of the Civil Code is amended to read:

 (a) The disclosures required by this article pertaining to the property proposed to be transferred are set forth in, and shall be made on a copy of, the following disclosure form:
(b) The amendments to this section by the act adding this subdivision shall become operative on July 1, 2014.